43 Neath Road, Briton Ferry, Neath, SA11 2DX
- Property Type: Investment
- Size: 242 sq m (2,602 sq ft)
- 241.73 SQ M (2,602 SQ FT)
- PROMINENT THREE STOREY PROPERTY.
- INCOME PRODUCING INVESTMENT, CURRENTLY ON SHORT TERM
- SUITABLE FOR RESIDENTIAL CONVERSION STANC.
- CLOSE TO J41 & 42 M4.
- OFFERS IN THE REGION OF £295,000
The property is located on Neath Road, Briton Ferry, close to the A48 roundabout. J41 and 42 of the M4 motorway are within 2 miles of the premises.
Prominent occupiers in the immediate vicinity include McDonalds, Swansea Motor Vehicle Auctions, COTS Training, Tesco Express and Jenkins Bakers.
DESCRIPTION
A prominent three storey building, which use to be a Lloyds Bank. The property comprises of a ground floor kitchen showroom, with basement accommodation and one first floor office. A separate entrance is provided to the two upper floors, which is let out as individual offices.
ACCOMMODATION
| Ground Floor Showroom | 115.20 SQ M | 1,240 SQ FT |
| First Floor – 4 Offices & Kitchen | 73.83 SQ M | 796 SQ FT |
| Second Floor – 3 Offices & Store | 52.59 SQ M | 566 SQ FT |
| Total: | 241.73 SQ M | 2,602 SQ FT |
TENURE
We have been informed the property is held Freehold.
PRICE
Offers in the region of £295,000
EPC
TBC
VAT
We have been initially informed VAT will not be payable on the purchase price.
LEGAL COSTS
Each party to pay their own legal costs on this transaction.
TENANCIES
The ground floor is let on an informal monthly tenant currently producing an all inclusive rent of £850 per month.
3X of the rooms are leased on the upper floors. Income available on request.